Franklin covey co (FC)
CashFlow / TTM
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Aug'18May'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Nov'16Aug'16May'16Feb'16Nov'15Aug'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11May'11Feb'11Nov'10
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)

4,404

-210

-1,023

-5,119

-5,629

-4,852

-5,887

-3,007

-5,013

-5,606

-7,172

-4,105

-617

2,268

2,268

7,016

6,959

9,203

10,078

11,116

15,902

16,632

18,176

18,067

13,332

13,520

13,141

14,319

9,999

9,506

9,076

7,841

7,425

6,530

5,675

4,807

0

0

0

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization

11,183

11,356

11,359

11,419

11,243

11,022

10,525

10,122

9,277

8,150

7,443

6,639

6,571

6,709

6,709

6,943

7,417

7,574

7,780

7,875

7,717

7,657

7,470

7,326

7,167

7,042

6,580

6,131

5,776

5,384

5,533

5,698

6,004

6,495

6,757

7,107

0

0

0

Amortization of capitalized curriculum costs

4,127

4,552

4,954

5,308

5,576

5,434

5,280

4,985

4,494

4,045

3,745

3,768

3,861

3,947

3,947

3,865

3,826

3,963

4,056

4,093

3,941

3,718

3,272

2,824

2,374

1,984

1,904

1,891

1,910

1,872

1,809

1,816

1,778

1,698

1,694

1,639

0

0

0

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Stock-based compensation expense

6,444

5,694

4,789

3,704

3,099

2,836

2,846

1,853

2,617

3,400

3,658

4,186

4,024

3,572

3,572

3,121

3,856

3,400

2,897

2,536

2,276

2,300

2,674

3,534

4,516

4,388

4,378

3,589

2,467

3,035

3,117

3,835

4,825

4,225

3,598

2,788

0

0

0

Deferred income taxes

1,661

521

1,051

-1,863

-1,421

1,381

2,535

0

0

0

-

-

-

-

-

-1,854

-3,154

-2,916

-3,070

-3,665

2,689

833

408

679

-327

638

1,224

1,739

-1,205

-1,514

-2,258

-2,708

0

0

0

-

-

-

-

Change in fair value of contingent consideration liabilities

1,167

1,401

1,334

1,370

438

862

1,014

789

652

-747

-1,936

-1,854

-1,766

395

395

1,538

1,570

1,431

193

35

-722

-1,020

-1,087

-1,579

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal of assets

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in assets and liabilities, net of effect of acquired business:
Decrease in accounts receivable, net

-1,589

-2,224

1,770

1,707

2,393

5,731

5,679

1,952

985

-5,462

-164

1,872

-1,886

5,136

5,136

576

-3,788

671

-3,682

4,355

5,878

3,747

8,114

9,548

8,530

14,034

11,742

15,171

5,961

4,681

5,830

5,810

-3,022

-394

-6,437

1,288

0

0

0

Decrease in inventories

-19

165

260

-716

-716

-364

-157

309

-1,299

-1,800

-1,583

-1,168

752

839

839

908

-404

-1,600

-2,107

-2,239

-137

508

1,479

2,136

1,251

1,580

1,574

358

492

90

-795

-96

-930

-537

393

-382

0

0

0

Decrease in receivable from related party

-

-

-

-

-

-

-

-

-

-

-1,421

-1,487

332

-1,392

-1,392

-820

-159

-679

-339

-620

-1,340

-754

-452

-2,248

-1,432

438

-1,092

692

809

-825

1,195

1,349

0

0

0

-

-

-

-

Decrease (increase) in prepaid expenses and other assets

2,573

159

-32

295

54

-118

1,335

1,596

2,266

4,009

4,861

2,648

1,566

1,992

1,992

1,119

2,538

3,193

2,386

2,010

425

889

1,405

1,543

-24

-389

-101

122

757

344

511

39

0

0

0

-

-

-

-

Decrease (increase) in receivable from related party, prepaid expenses, and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Decrease in accounts payable and accrued liabilities

2,271

-1,303

2,932

3,495

-2,242

4,773

1,746

490

3,803

-887

676

4,064

2,371

3,634

3,634

2,264

2,356

2,947

569

-5,654

-3,562

-3,948

-1,887

359

1,316

3,658

1,788

6,173

1,139

-1,689

-1,219

-197

-5,722

-4,081

-7,335

-3,534

0

0

0

Decrease in deferred revenue

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in deferred revenue

-

-

-

-

-

-

-

-

-

-

19,142

14,941

10,571

10,158

10,158

8,112

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in income taxes payable/receivable

-930

-643

889

1,031

611

665

109

508

-232

2,328

-249

1,178

810

-2,289

-2,289

-316

-1,171

-295

1,954

2,548

4,108

1,332

-5

-1,347

-2,939

334

347

1,504

499

371

-71

587

-148

-76

37

65

0

0

0

Decrease in other long-term liabilities

-920

-1,050

-1,096

-553

-314

-1,263

-1,206

-1,281

-1,580

421

-495

0

0

0

0

-

-

-

-

-164

-156

-587

-590

-575

-20

537

499

923

825

842

848

340

0

0

0

-

-

-

-

Net cash provided by (used for) operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

22,678

0

-

32,641

30,809

35,155

26,190

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

34,475

29,154

30,452

26,893

20,844

22,657

16,861

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

15,796

16,563

14,646

15,562

18,108

16,513

18,412

15,643

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of property and equipment

4,474

4,130

4,153

4,543

4,435

5,545

6,528

7,042

7,531

7,561

7,187

6,513

6,201

5,403

5,403

3,993

3,433

3,189

2,559

2,446

2,756

2,743

2,875

3,470

2,677

2,462

2,316

2,174

2,681

2,698

2,695

2,279

1,814

2,537

2,577

2,326

0

0

0

Curriculum development costs

3,664

2,457

2,688

2,374

2,069

2,984

2,998

4,761

6,306

6,503

6,466

4,716

4,154

2,796

2,796

2,236

2,213

2,052

2,023

2,166

3,007

2,614

5,297

7,787

8,007

7,877

5,470

3,224

1,975

1,507

1,509

2,113

2,811

3,431

3,193

3,097

0

0

0

Purchase of note receivable from bank (Note 12)

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of business, net of cash acquired

-

-

-

-

-

-

1,108

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

6,167

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used for investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-8,199

0

-

-5,646

-5,241

-4,844

-4,874

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used for investing activities

-10,738

-9,219

-6,873

-6,949

-6,536

-8,528

-10,634

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-8,016

-4,205

-4,204

-4,392

-4,625

-11,379

-11,181

-10,834

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from line of credit borrowings

-

-

82,282

88,735

92,376

91,442

93,391

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,523

25,354

46,309

57,139

67,462

0

0

0

Payments on line of credit borrowings

-

-

93,619

100,477

93,919

91,984

86,431

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,523

32,447

47,801

67,356

76,994

0

0

0

Proceeds from term notes payable financing

0

0

-

-

-

-

-

-

-

-

10,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments on term notes payable

12,188

12,500

12,813

6,251

6,250

6,563

6,250

5,937

5,625

5,000

5,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

2,708

2,500

2,708

2,500

2,292

0

0

0

-

-

-

-

Principal payments on financing obligation

2,211

2,151

2,092

2,034

1,978

1,922

1,868

1,814

1,763

1,712

1,662

1,613

1,565

1,518

1,518

1,472

1,427

1,383

1,340

1,302

1,267

1,238

1,195

1,155

1,084

1,068

1,057

1,022

1,020

958

924

895

859

755

708

673

0

0

0

Purchases of common stock for treasury

13,833

8

12

13

13

45

2,006

5,352

5,668

7,382

5,431

8,229

10,032

43,569

43,569

43,586

43,979

47,848

14,405

14,427

8,907

2,919

1,223

4,381

3,227

3,455

3,347

1,309

0

0

0

-

-

-

-

218

0

0

0

Payment of contingent consideration liabilities

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of common stock held in treasury

1,015

999

975

943

904

880

808

772

749

687

682

659

655

674

674

679

674

670

685

689

685

660

643

614

593

572

524

495

450

431

440

435

404

383

350

328

0

0

0

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-28,819

0

-

-31,762

-38,353

-14,923

-14,903

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of common stock warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Net cash used for financing activities

-11,856

1,614

-5,932

-20,715

-11,460

-10,732

-4,679

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-4,989

-4,785

-5,700

-3,192

-8,057

1,903

-6,206

-5,095

0

0

0

Effect of foreign currency exchange rates on cash and cash equivalents

-179

127

-101

-145

-500

-399

-319

20

361

22

-348

-286

-162

-108

-108

321

-165

-552

-635

-662

-222

-67

-161

-63

-543

-657

-746

-831

-353

-246

-55

17

-90

-89

-138

-182

0

0

0

Net increase (decrease) in cash and cash equivalents

11,702

21,676

17,546

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in cash and cash equivalents

-

-

-

-

-

-

-

-

0

211

-

-907

5,424

-14,448

-14,448

-5,778

-4,932

-13,337

14,753

5,751

8,458

11,411

5,569

-1,808

-3,566

-8,353

-5,276

1,280

2,438

7,327

4,687

7,995

5,336

6,948

887

-468

0

0

0

Supplemental disclosure of cash flow information:
Cash paid for income taxes

2,328

2,468

1,778

1,641

2,187

2,114

2,512

2,846

2,776

2,514

2,562

2,544

2,707

3,073

3,073

3,410

3,300

3,086

2,924

2,383

2,337

4,536

4,753

6,323

7,046

4,893

4,721

3,996

3,334

3,081

3,148

2,330

2,280

2,209

2,048

1,825

0

0

0

Cash paid for interest

2,254

2,315

2,386

2,563

2,657

2,692

2,655

2,414

2,352

2,313

2,314

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

2,132

-

2,166

2,187

2,216

2,237

2,246

2,258

2,285

2,322

2,357

2,401

2,440

2,473

2,546

2,579

2,629

2,702

0

0

0

Non-cash investing and financing activities:
Purchases of property and equipment financed by accounts payable

1,026

212

410

271

1,154

564

1,018

1,624

733

1,298

697

565

362

279

279

334

279

176

435

134

69

178

133

104

-6

108

102

101

482

220

77

481

0

0

0

-

-

-

-

Use of notes receivable to modify revenue contract (Note 12)

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of property and equipment through accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0